Cannabis Financial News

17.08 / 20:35

Cannabis Canopy Growth is selling its old chocolate factory pot facility to Hershey

The town of Smiths Falls, Ont., is having a full-circle moment as pot producer Canopy Growth announced Thursday it would sell its primary cannabis cultivation facility — once a factory for Hershey Canada — back to the prodigal chocolatier.

06.02 / 15:51

Blockchain Metaverse interview community Cannabis Creator of cannabis-themed metaverse shares his vision for the industry

The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Technologies and creator of Cannaland, decided to take matters into his own hands.

27.01 / 22:45

Blockchain Technology virtual reality Metaverse Cannabis The metaverse is creating a new virtual marketplace for retail brands

Entrepreneurs are betting on the future of the metaverse and cannabis industries.

16.01 / 07:05

business Blockchain Cannabis California cannabis producer adopts blockchain to track its weed

A California-based cannabis nursery has turned to blockchain and smart contracts to verify the authenticity of its medicinal plants.

05.05 / 17:13

Blockchain NFT Payments Cannabis Cannabis-focused crypto startup is launching an NFT community

Similar to crypto institutions, cannabis businesses struggle to access financial services from banks and other payment providers. These businesses would either be denied financial services outright or have to pay exorbitant fees for receiving them.

18.02 / 05:03

Cannabis CannaDAO to launch platform for cannabis industry

CannaDAO announced the launch of its platform for cannabis growing and operations. It is the world’s first decentralized, member-governed platform for cannabis growing and operations. CannaDAO said it aims at tokenizing the cannabis industry with its permissionless, decentralised, and member-governed on-chain platform. Majority of the world is excluded from the benefits of the legal cannabis industry. The DAO is slated to launch on April 20 and powered by the Aurora cross-chain bridge running on the NEAR protocol. It will allow the users to participate and earn rewards from real-world operations within the cannabis industry, the company said.

16.02 / 23:51

Tourism Cannabis Crisis in Ukraine Italy's top court blocks referendum on legalising cannabis growing

Italy's constitutional court has blocked a referendum on making it legal to grow cannabis plants, arguing that it would have forced the country to violate international obligations on drug trafficking.

07.12 / 12:05

Blockchain Cannabis network Cannabis-focused crypto network enables IBC and announces listing on Osmosis DEX

A close look at the world around us would reveal a series of interconnected networks, both man made and in nature, from society to the plant world and even extending as far as the internet. To maintain functionality, each operates with its own rules. However, what makes each of these networks so powerful is the nodes that, when cooperating, can achieve more, faster and with greater efficiency. A truth that also rings true for the blockchain.

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